A global fund management company with an Asian orientation — investing across the universe of healthcare innovation and advanced manufacturing, with emphasis on companies positioned to leverage the growth of Southeast Asia and the wider Asian markets.
August Global Partners (AGP) is a growth-oriented fund management company headquartered in Singapore, serving a diverse base of financial investors, conglomerates, and institutions globally. Leveraging decades of international investment experience and an extensive network across Asia and beyond, AGP provides value-added capital and strategic support to its portfolio companies.
At inception in 2023, AGP launched two investment vehicles: the AGP Continuation Growth Fund, focused on growth equity in Southeast Asia-based companies within healthcare services and advanced manufacturing; and the AGP Healthcare Fund, dedicated to the theme of Living Better, Aging Better — backing founders and innovators driving advances in precision medicine, AI-powered health technologies, and patient-centric care shaping the future of healthcare in Asia and worldwide.
AGP is strategically positioned at the intersection of Asia's emerging "X-plus-one" dynamic — where global pharmaceutical companies, medtech manufacturers, and healthcare service providers are expanding operations into Southeast Asia. The underlying demand drivers are enduring: ageing demographics, rising chronic disease burden, and the need for accessible, high-quality care across the region. These are multi-decade structural tailwinds, not cyclical trends.
Independent fund management company led by pioneers of Singapore's investment and biomedical industries, supported by the Singapore government. A team forged through some 15 years of working partnership across investment leadership roles.
Deep knowledge across therapeutics, biotech, healthtech, medtech manufacturing, healthcare services, and supply chain & distribution.
Methodical, thematic sourcing through a global network of industry practitioners, government organisations, and research institutions. Specialist capital partners attract higher-quality deal flow on more constructive terms.
Exit pathways are underwritten at point of investment. Across both funds, the portfolio has achieved seven listings and two M&A exits — nine liquidity events delivering meaningful returns to investors.
Chu Swee Yeok pioneered Singapore Bio-Innovation, the first global biotech fund at the Economic Development Board, with operations based out of Singapore and the USA — laying the foundation for a new life sciences industry in Singapore.
Singapore's Biomedical Sciences Initiative launched. Chu Swee Yeok held concurrent leadership roles at EDB and A*STAR, helping craft and execute national policies and strategies in infrastructure, research, industry and commercialisation to advance Singapore's biomedical ambitions and attract global research talent.
As the founding CEO, Chu Swee Yeok led Bio*One Capital, a billion-dollar fund, to catalyse industry research and biomedical innovation — positioning Singapore as a commercial global hub for biomedical sciences research, enterprise and investments.
EDBI restructured as EDB's holding company for strategic global investments. Chu Swee Yeok was appointed CEO and drove investments beyond biomedical sciences into ICT, deep tech, strategic manufacturing, funds and local champions, building new teams and developing strategies for the enlarged investment platform. Basil Lui joined and led the deep-tech, healthcare, fund investments and value creation activities.
EDBI successfully transformed into a globally respected investor with a portfolio of over 200 private companies and funds — building a strong network, proprietary deal flow, deep sector relationships, and a proven track record across Asia and beyond.
Building on her established track record and investment experience, Chu Swee Yeok mooted the concept of an independent, commercially oriented fund management platform — together with Basil Lui, drawing on their shared heritage and extensive global network.
Chu Swee Yeok and Basil Lui officially launched August Global Partners as an independent fund management company with two investment vehicles: AGPCGF and AGPHCF — with strong support from the Singapore government, global institutional LPs, and regional conglomerates.
A total of nine liquidity events across both funds.
AGP Healthcare Fund closed above target at $150M, bringing total AUM to $350M. Two portfolio companies — Ambiq (NYSE: AMBQ) and UltraGreen.ai (SGX: ULG) — completed landmark IPOs.
AGP Continuation Growth Fund achieved five listings and two M&A exits, delivering cash returns to investors.
Davian Sim, who joined AGP in 2023 from EDBI, was made Partner, strengthening AGP's leadership bench across growth equity and advanced manufacturing investments.
Fund I closed and in divestment mode with significant DPI. Fund II closed and in deployment mode with early DPI. With a proven track record across the healthcare value chain and beyond, the platform continues to grow.
Growth equity investments in Southeast Asia-based companies in healthcare services and advanced manufacturing. AGPCGF assets — half of which are healthcare-related — and is in divestment mode, focused on realising value from its mature portfolio.
Closed — Divestment Mode. Significant DPI achieved, driven by 5 portfolio listings and 2 M&A exits. Actively generating distributions from existing holdings.
Growth-stage investments anchored in Living Better, Aging Better themes — precision medicine, AI-powered health technologies, and patient-centric care. Supported by the Singapore government, global institutional LPs, and regional conglomerates.
Closed — Deployment Mode. 2 portfolio IPOs achieved within roughly two years of launch, with an additional company in the IPO pipeline — delivering early DPI to investors.
As AGP continues to build on its track record across healthcare and advanced manufacturing, the team is laying the groundwork for its next vehicle — driven by strong LP interest and a maturing pipeline of opportunities.
Existing and prospective LPs are welcome to connect with the team to stay informed on AGP's upcoming plans.
A team with decades of cross-border investment experience, deep domain expertise, and trusted long-term relationships.
Recent milestones, investments, and announcements from August Global Partners.
AGP portfolio company UltraGreen.ai, a global leader in fluorescence-guided surgical technologies, debuts on the SGX Mainboard (ticker: ULG) with shares rising 61% on the first trading day after a $400M offering at a US$1.6 billion valuation.
Read article →August Global Partners closes AGPHCF at $150 million, surpassing initial targets, with commitments from institutional and strategic LPs across Asia, Europe, and North America.
Read article →AGP portfolio company Gene Solutions, Vietnam's leading genomic testing firm, plans to raise $100M through a pre-IPO round and listing on the Hong Kong or Singapore exchanges, capitalising on growing demand for genetic diagnostics.
Read article →AGP co-invests alongside Temasek-linked 65 Equity Partners and UK-based Vitruvian Partners in a US$188 million strategic round for the global leader in fluorescence-guided surgical technologies and AI-powered precision healthcare.
Read article →AGP portfolio company Ambiq, a pioneer in ultra-low-power edge AI semiconductors powering Garmin and Whoop wearables, lists on the NYSE (ticker: AMBQ) at $24 per share with the full exercise of the overallotment option raising total gross proceeds to $110.4 million.
Read article →AGP invests in Vietnam's leading genomic testing company Gene Solutions through a proprietary funding round, advancing AI-powered precision medicine and next-generation sequencing services across Southeast Asia.
Read article →AGP's founding partner joins leading healthcare investors at DealStreetAsia's flagship summit in Singapore, discussing PE investments in healthcare assets and the outlook for specialist healthcare strategies across South and Southeast Asia.
Read article →Chu Swee Yeok, former CEO of EDBI, launches August Global Partners as an independent fund management company with two commercial funds and an initial AUM of US$250 million, focused on healthcare and deep technology investments.
Read article →Our team's opinion pieces on leading news platforms showcase industry insights and thought leadership across healthcare and technology.
On Singapore's potential to become a global hub for brain-computer interface innovation, leveraging its strengths in AI and deep tech.
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Exploring how shifting demographics, rising affluence, and government initiatives are driving rapid growth in Southeast Asia's healthcare sector.
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An in-depth interview on AGP's investment thesis, fund strategy, and outlook for AI-driven healthcare innovation across the region.
Read opinion →We welcome conversations with founders, co-investors, and institutions aligned with our mission.
Parkview Square
600 North Bridge Road, #10-01
Singapore 188778
Whether you're a founder seeking growth capital, an LP exploring healthcare exposure, or a co-investor looking to collaborate — we'd like to hear from you.
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